Express Kenya #ticker:XPRS chief executive Hector Diniz’s planned buyout of the company could leave him with Sh772 million in paper profit, the latest estimates of the firm’s worth shows —pointing to the excess and hidden value in its land and buildings.
Mr Diniz, who owns a 61.64 per cent stake in the Nairobi Securities Exchange-listed company, has offered to buy the remaining 38.36 per cent equity at a price of Sh5.5 per share or a total of Sh74.7 million.
